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Finaxion Research · DLTR

Which strategy works on DLTR?

On DLTR, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.

Findings

On DLTR, 0 of 20 famous strategies beat buy-and-hold on daily bars, and 0 of them hold out of sample. The best is RSI 14: buy oversold (30/70), at -5.2 points a year over buying and holding DLTR, while the worst is Upper Bollinger band breakout, at -19.2 points a year against buy-and-hold.

  1. On DLTR, 0 of 20 famous strategies beat buy-and-hold on daily bars; 0 of them hold out of sample.
  2. The best is RSI 14: buy oversold (30/70): -5.2 points a year over buying and holding DLTR.
  3. The worst is Upper Bollinger band breakout: -19.2 points a year against buy-and-hold.

The 20 strategies, one by one

StrategyReturnBuy and holdExcess (pts/yr)Vs. S&P 500 (pts/yr)Out of sampleTrades
RSI 14: buy oversold (30/70)×25×108-5.2%-0.3%partly64
Stochastic: oversold cross (14, 3)×24×108-5.4%-0.4%partly416
“Sell in May and go away”×24×108-5.4%-0.4%overfit63
Only invest above the 200-day average×14×108-7.3%-2.4%overfit217
Kaufman’s adaptive moving average (KAMA)×11×108-8.0%-3.0%overfit1038
The golden cross (50/200)759.0%×108-9.0%-4.0%overfit43
Ichimoku: buy above the cloud475.4%×108-10.3%-5.4%overfit373
Parabolic SAR: follow the dots351.9%×108-11.1%-6.2%overfit666
Bounce off the lower Bollinger band275.9%×108-11.7%-6.8%overfit240
Supertrend: the line that changes colour267.8%×108-11.8%-6.9%overfit55
Wyckoff: buying the accumulation244.3%×108-12.0%-7.1%partly176
The Turtles: 55-day breakout90.3%×108-14.0%-9.0%overfit123
ADX: trade only in strong trends72.2%×108-14.3%-9.3%overfit948
ICT / Smart Money: the fair value gap44.3%×108-14.9%-9.9%overfit260
2-day RSI (the Connors rule)19.9%×108-15.5%-10.5%overfit724
The MACD cross (12/26/9)19.1%×108-15.5%-10.5%overfit658
ICT / Smart Money: the order block4.5%×108-15.9%-10.9%2
Heikin Ashi: follow the coloured candles-20.6%×108-16.8%-11.8%overfit2082
Smart Money: the liquidity sweep-38.9%×108-17.6%-12.6%overfit122
Upper Bollinger band breakout-64.1%×108-19.2%-14.3%overfit540

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